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Texas oil lease

Producing

BLACK BEAR STATE F

Black Bear State F is an oil lease in Reeves County, Texas, operated by Crescent Energy Operating, LLC in the Wolfbone (Trend Area) field.

1 well

101,567bbl oil, last 12 months
Operator
Crescent Energy Operating, LLC
County
Reeves County
Field
Wolfbone (Trend Area)
RRC lease
08-61559

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Where it sits

This county

Reeves CountyReevesWinklerWardLovingReeves County
Reeves County
Gas, last 12 months
161,994 mcf
Oil in Jun 2026
3,593 bbl

Checks stopped on this lease?

  • Operator

    Operator changed: Crescent Energy Operating, LLC took over from Vital Energy, Inc. in Jan 2026.

SourceRailroad Commission production, P-5 and P-4 records, data through Jul 2026.

See why checks stop on this lease

Production by month

Oil output fell 66% since Sep 2024

Jul 2026 was not reported.

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 66% since Sep 2024Monthly oil production and gas for BLACK BEAR STATE F, Sep 2024 to Jul 2026. Oil output fell 66% since Sep 2024. Monthly average of 3,769 bbl in the latest 3 months, against 11,190 bbl in the first 3.Last 12 months: 88,366 bblbbl per monthmcf per month005,00010k10k20k15k30k20k40k25k50kOct 24Jan 25AprJulOctJan 26AprJul
Oil output fell 66% since Sep 2024Monthly oil production and gas for BLACK BEAR STATE F, Sep 2024 to Jul 2026. Oil output fell 66% since Sep 2024. Monthly average of 3,769 bbl in the latest 3 months, against 11,190 bbl in the first 3.Last 12 monthsbbl per monthmcf per month005,00010k10k20k15k30k20k40k25k50kJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

85% of the gas went to a transmission line in the last 12 months

Flaring peaked at 31.8% of the gas in Apr 2025.

  • Transmission line (2)
  • Lease fuel (1)
  • Flared (4)
85% of the gas went to a transmission line in the last 12 monthsShare of BLACK BEAR STATE F gas by disposition code each month, Sep 2024 to Jul 2026. 85% of the gas went to a transmission line in the last 12 months. Flaring peaked at 31.8% of the gas in Apr 2025.Share of the lease’s gas by disposition code, per month0%50%100%Flared 31.8%Oct 24Jan 25AprJulOctJan 26AprJul
85% of the gas went to a transmission line in the last 12 monthsShare of BLACK BEAR STATE F gas by disposition code each month, Sep 2024 to Jul 2026. 85% of the gas went to a transmission line in the last 12 months. Flaring peaked at 31.8% of the gas in Apr 2025.Share of gas by disposition code0%50%100%Flared 31.8%Jan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    85% · 138,424 mcf

  • Lease fuel (1)

    11% · 17,470 mcf

  • Flared (4)

    3.8% · 6,100 mcf

3.8% of the gas flared in the last 12 months. 8 months above 3%.

Who has run this lease

The operator changed once, most recently in Jan 2026

Operators of this lease over timeVital Energy, Inc., Sep 2024 to Dec 2025; Crescent Energy Operating, LLC, Jan 2026 to Jun 202620252026Changed Jan 2026Vital Energy, Inc.Sep 2024 to Dec 2025Crescent Energy Operating, LLCJan 2026 to now
Operators of this lease over timeVital Energy, Inc., Sep 2024 to Dec 2025; Crescent Energy Operating, LLC, Jan 2026 to Jun 202620252026Changed Jan 2026Vital Energy, Inc.Sep 2024 to Dec 2025Crescent Energy Operating, LLCJan 2026 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

1 well on this lease

Wells on BLACK BEAR STATE F
API numberWell no.Status
42-389-409288AActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Dk Trading & Supply, LLCOilGathers100Mar 5, 2024
Energy Transfer CompanyCasinghead gasBuys100Mar 5, 2024
Energy Transfer CompanyCasinghead gasGathers100Mar 5, 2024

SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).

Who buys my oilOil price check

927.29 acres on the newest permit

  • Worth asking

    An allocation well is on this lease

    A well drilled across several tracts shares its production by an allocation formula, so the decimal is not always your acres over the unit acres. Ask the operator for the allocation formula and the tract factor for your land.

  • Worth asking

    A Rule 37 case is listed

    The RRC permit records list a Rule 37 case. This does not establish your royalty share. Ask for the permit and unit plat for your well.

Check your decimal on this lease
Permits for Black Bear State F
API numberWell no.Acreson the permit
42-389-409288A927.29

SourceRailroad Commission drilling permits, Oct 3, 2026 (source 1, source 2).

Unit decimal checker

What Crescent Energy Company told investors it received

Crescent Energy Operating, LLC is linked to Crescent Energy Company (CRGY).
Realized prices reported by Crescent Energy Company
QuarterOil$ per bblFiling
Q1 2026$71.00SEC filing
Q4 2025$62.21SEC filing
Q3 2025$63.07SEC filing
Q2 2025$61.47SEC filing
Q1 2025$67.64SEC filing
Q4 2024$67.51SEC filing

SourceCrescent Energy Company quarterly reports, SEC EDGAR, company-wide averages before hedging.

Estimate your royalty

23 months, newest first

Ledger for BLACK BEAR STATE F
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026No report–––––$80.46$2.89
Jun 2026Crescent Energy3,5933,6244,6474,17740$84.81$3.15
May 2026Crescent Energy2,3582,3353,1592,652194$102.13$2.94
Apr 2026Crescent Energy5,3575,4027,9536,420756$100.32$2.77
Mar 2026Crescent Energy8,1658,16113,51310,8381,367$91.38$3.04
Feb 2026Crescent Energy7,9798,04812,96411,139264$64.51$3.62
Jan 2026Crescent Energy9,1299,22415,30413,272275$60.04$7.72
Dec 2025Vital Energy,9,3949,14814,03711,956464$57.97$4.26
Nov 2025Vital Energy,9,90710,01916,15014,009230$60.06$3.79
Oct 2025Vital Energy,10,34810,32517,61015,232311$60.89$3.19
Sep 2025Vital Energy,10,31810,52516,98413,3721,935$63.96$2.97
Aug 2025Vital Energy,11,81811,57818,57016,478233$64.86$2.91
Jul 2025Vital Energy,13,20113,15921,10318,87931$68.39$3.20
Jun 2025Vital Energy,12,48612,48317,97615,970145$68.17$3.02
May 2025Vital Energy,16,26716,27722,87220,24897$62.17$3.12
Apr 2025Vital Energy,15,81715,86120,74212,2916,606$63.54$3.42
Mar 2025Vital Energy,18,45818,62721,31316,2662,821$68.24$4.12
Feb 2025Vital Energy,17,68517,63620,73917,238283$71.53$4.19
Jan 2025Vital Energy,21,28021,10222,91818,022196$75.74$4.13
Dec 2024Vital Energy,17,67617,70119,87716,221142$70.12$3.01
Nov 2024Vital Energy,20,16020,12125,54921,56594$69.95$2.12
Oct 2024Vital Energy,13,41113,34318,40514,998591$71.99$2.20
Sep 2024Vital Energy,00000$70.24$2.28

No report filed Flared above 3%

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Oct 2, 2026.

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Nearby

This lease belongs to

OperatorCrescent Energy Operating, LLCFieldWolfbone (Trend Area)CountyReeves County

Crescent Energy Operating, LLC in Reeves County

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Wolfbone (Trend Area) field

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